Having problems with new moth expenses

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  • Problem
  • Updated 4 years ago
I started using the free app last month. I created all the envelops I needed with the specific amount. At the time that I was spending money I was adding (not setting) the money to the envelops from the unallocated funds. So let’s say I added $1000 for rent last month when I try to add the other $1000 for this month it shows like I have added $2000. It’s like the envelop didn’t reset to 0 after starting this new month.  Even when I have monthly envelops!!! Furthermore when I try to set the envelop to 0 manually it returns the money back to unallocated. OF COURSE I don’t want it back to unallocated because that money is not mine anymore, I need to restart the envelops to 0 so I can start adding the expenses of the new month not seeing what I spent from last month but from the beginning starting in 0. PLEASE HELP!!!

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Alejandro Martinez

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Posted 4 years ago

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Steven Tafzil, Employee

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Hi Alejandro,

It sounds like you need to record an expense of 1000 for your rent. That will deduct the 1000 from your Rent Envelope and bring the balance to zero. Then when you add in another 1000, you'll be ready for next month.

Goodbudget is a zero budgeting system. That means every dollar is accounted for. So your Envelopes don't reset to zero automatically each month. Instead, you can choose when and how your Envelopes refill. When you get paid, click on the "Fill Envelopes" button and enter in  your income and how you want to distribute that to your Envelopes. When you make a payment, record that as an expense. 

Hope that helps
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Alejandro Martinez

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Thanks for your response. How do I do that?
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Becky Huang, Official Rep

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To add an expense, just click on Add Transaction to add it--it will get deducted from the Envelope/Account that you choose so that your Envelope will show you how much you have left to spend. At the beginning of your next month, you can refill your Envelopes with your new income. 

You can follow the directions here: http://help.goodbudget.com/customer/portal/articles/1043762-step-5-record-your-expenses